Manajemen Laba (Earning Management) dalam Tinjauan Etika Islam

Abstrak

Earnings management is a choice by manager as accounting policy to achieve some specific objectives (Scott, 1997:369). The objectives in order to maximize manager utility and to increase company performance. These objectives are coming from its motivation includes: getting a high bonus, funding in debt contract, public trust in capital market, low tax payment, good achievement for CEO (Chief Executive Officer), and positive reaction from the investor in IPO (Initial Public Offering). Because the objectives of earnings management is maximizing utility, so the activity of earnings management can be categorized into utilitarianism ethics.

This research is aimed to comprehend Islamic ethics perspective concerning earnings management, in order to know is earnings management good or bad activities, or is it allowed or forbidden action, according to Islamic ethics values. This ethical perspectives is most important because the business ethics can be used as a way to harmonize the strategic interest of business or company with moral claimed (Muhammad, 2004:60). The research method is qualitative one by literature study approach.

Islamic ethics consideration to earnings management in this research is divided into three step discussion, there are Islamic ethics consideration to the spirit that is constituted earnings management, Islamic ethics consideration to the process of earnings management, and Islamic ethics consideration to the impact and implication of earnings management application. The analysis is based on Islamic ethics principles in Islamic business concept and Islamic accounting concept that are come from the Islamic law resources.

 

Kata Kunci :    Earnings management, Positive accounting theory, Utilitarianism, Islamic ethics.